Note 4. Restricted Cash

The components of restricted cash are as follows:

	December 31,

	2013		2012
	(in thousands)
Statutory liability deposit	$	—	$	106
Interest reserve escrow		825		—

The $0.8 million interest reserve at December 31, 2013 was established in connection with the Company's outstanding Term Loan. The $0.1 million statutory liability deposit at December 31, 2012 expired during the year and was subsequently released from restricted cash.

The Company has surety bonds related to value added tax claims and refunds in Europe of approximately $1.4 million at December 31, 2013 ($1.8 million at December 31, 2012) and two standby letters of credit issued under the Silicon Valley Bank credit facility of $2.5 million ($3.6 million at December 31, 2012).